Indobusiness - The property market in the country is still considered to be in a positive level. It is visible from all sub-sectors experiencing growth properties, both in terms of demand and prices.
Country Head, Jones Lang LaSalle said Todd Lauchlan, positive developments in the last few years will continue in the coming years. Economic fundamentals and growth of business and industry in the solid state.
"Not only in Jakarta but also in other major cities. Cities like Surabaya, Medan, Makassar, Balikapapan, Bandung, will continue to attract new investment, not only from national developers, but also abroad," said Todd told Compass . com in Jakarta, Wednesday (17/07/2013).
However, of the four sub-sectors showed positive growth, the apartment (condo strata) is the highest growth. Level of primary market sales reached 4,280 units during the second quarter of 2013. This figure equaled the first-quarter sales position.
Thus in just one semester, the current condo market has absorbed around 8,280 units. The sales rate exceeded the rate of sales in the same period last year. In fact, compared with the earlier period 2004-2005, which is the peak momentum apartment, first half sales performance this year is still higher.
The terms of price, for all segments, be it lower, middle and upper class with a range of Rp 12 million to Rp 30 million per square meter, showing a jump between 11 percent to 17 percent.
Head of Research of Jones Lang LaSalle, Anton Sitorus predict cumulative until 2016, there will be 37,800 new condominium supply unit.
"About 70 percent of that amount has been absorbed in the transaction pre-commitment," he said.
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